Tag Archives: shawky


HK Subprime Investments Cause Local Concern

West Palm Beach (HedgeCo.net)- The Hang Seng Index posted its biggest single-day loss in a month, as investors fretted about the recurring subprime credit crisis in the United States and its impact on regional banks and other financials. "It’s a […]

Bear Stearns defendants’ e-mail use ‘dumbfounding,’ lawyers say

Seattle Post- Incriminating messages allegedly sent by two ex-Bear Stearns Cos. hedge fund managers indicted on fraud charges that even sophisticated professionals disregard the dangers of putting sensitive information in e-mails, ex-prosecutors said. Ralph Cioffi, 52, and Matthew Tannin, 46, […]

Hedge Funds in the Crosshairs

FOXBusiness- With record losses from the subprime and credit crisis veering towards the $400 bn mark, here come the market police. In the crosshairs: Hedge funds, including the indictments of the two Bear Stearns hedge fund managers. A senior law […]